Multiple Choice
Webster,Inc.has received a bid for 14,000 units.The costing estimates show that the average cost per unit for this bid will be $500.The company uses cost-based pricing and adds 20% markup to total costs.What total price will Webster ask for the entire order?
A) $8,400,000
B) $7,000,000
C) $1,400,000
D) $5,600,000
Correct Answer:
Verified
Correct Answer:
Verified
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